P3 Logistic Parks and Número Uno sign 3,000 sqm lease agreement

P3 Logistic Parks announces the consolidation of its partnership with the local subsidiary of the international group Número Uno by signing a long-term lease agreement for the 3,000 square meters of logistics and office space that the tenant occupies within P3 Bucharest A1.

Sînziana Pardhan, Managing Director for P3 in Romania, said: "We are happy to extend the partnership we have been developing with Número Uno, a young player in the local market, but with fast growth prospects and solid plans for the future that target not only Romania but also several other countries in the region. Moreover, we are optimistic about the future evolution of the fashion retail segment and confident that our partner will further develop their operations and soon become one of the strongest brands in the overstock business. We truly appreciate the trust they have invested upon us and we would like to reassure them that our P3 team will remain as close and attentive to their needs as before, with an open and professional approach as to always try to understand and fulfil their business needs.”

Grupo Número Uno, the largest multi-brand franchisor in the Canary Islands, Spain, and exclusive distributor in Romania for the most important Spanish fashion brands, officially announced their local presence one year ago, during the month of October, and have been a member of the P3 community ever since. In just one year since kicking off their local operations, the company has opened and currently manages 12 stores, 7 of which are in Bucharest plus local units in Campina, Targoviste, Pitesti, Sibiu and Baia Mare, soon to be followed by Constanta, Tulcea, Timisoara and Suceava. Likewise, the company is getting ready to enter the Hungarian and Bulgarian markets in the coming months, using P3 as their logistical hub for Central and Eastern Europe.